Geneos Wealth Management Inc. Buys 608 Shares of Invesco Semiconductors ETF (NYSEARCA:PSI)

Geneos Wealth Management Inc. increased its holdings in shares of Invesco Semiconductors ETF (NYSEARCA:PSI) by 675.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 698 shares of the company’s stock after acquiring an additional 608 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco Semiconductors ETF were worth $35,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. bought a new position in Invesco Semiconductors ETF during the second quarter worth about $35,000. JPMorgan Chase & Co. bought a new position in Invesco Semiconductors ETF in the 2nd quarter valued at about $42,000. IFP Advisors Inc increased its holdings in Invesco Semiconductors ETF by 200.0% in the 3rd quarter. IFP Advisors Inc now owns 660 shares of the company’s stock valued at $28,000 after buying an additional 440 shares during the period. MV Capital Management Inc. increased its holdings in Invesco Semiconductors ETF by 200.0% in the 3rd quarter. MV Capital Management Inc. now owns 750 shares of the company’s stock valued at $32,000 after buying an additional 500 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its holdings in Invesco Semiconductors ETF by 200.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 768 shares of the company’s stock valued at $33,000 after buying an additional 512 shares during the period.

Invesco Semiconductors ETF Stock Up 1.1 %

PSI stock opened at $54.98 on Wednesday. Invesco Semiconductors ETF has a 12 month low of $35.67 and a 12 month high of $58.59. The firm has a market cap of $784.56 million, a P/E ratio of 7.56 and a beta of 1.77. The company’s 50-day moving average price is $54.66 and its two-hundred day moving average price is $48.45.

Invesco Semiconductors ETF Profile

PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.